3,213,856 Shares in Denison Mine Corp $DNN Bought by De Lisle Partners LLP

De Lisle Partners LLP bought a new position in shares of Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,213,856 shares of the basic materials company’s stock, valued at approximately $9,834,000. Denison Mine makes up 1.1% of De Lisle Partners LLP’s investment portfolio, making the stock its 26th biggest holding.

Other large investors also recently bought and sold shares of the company. WealthShield Partners LLC increased its position in shares of Denison Mine by 28.0% in the fourth quarter. WealthShield Partners LLC now owns 16,000 shares of the basic materials company’s stock valued at $43,000 after buying an additional 3,500 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Denison Mine by 42.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 12,920 shares of the basic materials company’s stock worth $34,000 after buying an additional 3,844 shares in the last quarter. NewEdge Wealth LLC boosted its position in shares of Denison Mine by 33.3% in the 1st quarter. NewEdge Wealth LLC now owns 20,000 shares of the basic materials company’s stock worth $71,000 after buying an additional 5,000 shares in the last quarter. Financial Sense Advisors Inc. boosted its position in shares of Denison Mine by 36.3% in the 4th quarter. Financial Sense Advisors Inc. now owns 18,786 shares of the basic materials company’s stock worth $50,000 after buying an additional 5,000 shares in the last quarter. Finally, Titan Global Capital Management USA LLC grew its stake in Denison Mine by 0.3% in the 4th quarter. Titan Global Capital Management USA LLC now owns 1,883,895 shares of the basic materials company’s stock valued at $5,011,000 after acquiring an additional 5,399 shares during the last quarter. Institutional investors and hedge funds own 36.74% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Royal Bank Of Canada began coverage on shares of Denison Mine in a report on Monday, July 13th. They set an “outperform” rating for the company. Zacks Research lowered shares of Denison Mine from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Scotiabank reissued an “outperform” rating on shares of Denison Mine in a research note on Thursday, May 14th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5.38.

Denison Mine Stock Performance

NYSEAMERICAN DNN opened at $3.50 on Friday. The company has a quick ratio of 13.46, a current ratio of 9.41 and a debt-to-equity ratio of 2.38. Denison Mine Corp has a fifty-two week low of $1.96 and a fifty-two week high of $4.43. The business has a fifty day moving average of $3.12 and a 200-day moving average of $3.47. The stock has a market cap of $3.17 billion, a price-to-earnings ratio of -15.91 and a beta of 1.23.

About Denison Mine

Denison Mines Corp. (NYSEAMERICAN:DNN) is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of Saskatchewan. The company’s core business is the discovery, evaluation and advancement of high-grade uranium projects that can supply fuel for the global nuclear power industry.

Denison’s flagship asset is the 66.9%-owned Wheeler River Project, one of the largest undeveloped high-grade uranium deposits in the Athabasca Basin. In addition to Wheeler River, Denison holds interests in several other exploration properties across northern Saskatchewan and maintains a strategic partnership in the McClean Lake uranium mill, providing it with downstream processing capabilities for future production.

Founded in 1974, Denison Mines has accumulated decades of geological expertise in one of the world’s most prolific uranium districts.